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by theamk 2234 days ago
I have been dealing with the computers for a long time, and I know they fail. The hardware breaks, my computer gets malware, vendor's computer gets malware, I get nothing, I get wrong item and vendor is unresponsive, software makes errors, I type the wrong thing and click the wrong button.

I think it is a terrible idea to keep any significant amount of money in any place where it is easy to lose, like a cryptocurrency. And if you are recommending cryptocurrency as a safe storage to someone who is not an expert, you should feel bad, because you are lying to them.

And the worst part of all, is cryptcoiners _never_ _listen_. In fact, directly in the message you are replying to, I wrote: "No one wants to lose their money because they lost some token or paper, and their computer broke." And what was your response? You point me to hardware wallet.

The hardware wallets are great if you are a crypto expert. If you are a regular person, you are going to be lose your recovery words and forget your password after vacation, and then you'll (almost) lose $30K like Mark Frauenfelder did [0]

Telling people to use crypto for significant amounts of money is like encouraging them to juggle live grenades. Yes, it looks cool and pretty safe if you know the trick. But if everyone starts doing this, someone will get killed.

[0] https://www.wired.com/story/i-forgot-my-pin-an-epic-tale-of-...

https://www.wired.com/story/i-forgot-my-pin-an-epic-tale-of-...